Word: sec
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Dates: during 1930-1939
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...record for swimming San Francisco's Golden Gate (about a mile and an eighth) is 20 min., 44 sec. A few weeks ago the Olympic Club's Distance Swimmer Leslie Godfrey ("Buster"') Olds decided to have a shot at this 18-year-old mark. Horse Trainer Ritchie Roberts boasted that his 12-year-old, five-gaited horse, Blackie, could do better, made...
Allied also disclosed the total of its U. S. Government holdings - $21,000,000. That left $39,000,000 of miscellaneous investments. Allied long claimed that divulging these holdings would hurt its trade advantages. Last week it looked as though SEC, in persuading Allied to tell all, had promised to keep certain facts secret. Allied's report to SEC, which was made public by the New York Stock Exchange, still left $4,000,000 worth of holdings unexplained...
...President George D. Brooke, however, declared the extension plan operative. Next day, prices of the notes skyrocketed to 84, new 1938 high and 23¼ points above the previous day's close. The fact that price gyrations occurred several hours before official statements were issued prompted both SEC and the New York Exchange to start investigating the whole affair...
...Billy Direct, four-year-old pacer: a mile race (against time) in 1 min. 55 sec.; at long last breaking world's record of 1:55∧ which has stood since 1905 as the greatest speed of a harness horse (pacer or trotter); at Lexington, Ky. Next day, six-year-old Greyhound, No. 1 trotter of the decade, stepped a mile in 1: 55¼ breaking the 1:56 world's trotting record* he set a year...
...quite a year ago, the then president of the New York Stock Exchange, Charles R. Gay, yielding to the demand of SEC Chairman William O. Douglas, started looking for a man to serve on a committee to revamp the Exchange's constitution. He picked a nonmember industrialist whose company was listed on the Big Board-Chairman Carle Cotter Conway of Continental Can Co. The recommendations of the Conway Committee eventually became the basis for the spectacular reform of the world's chief market place (TIME, Feb. 7, et seq.). Last week upon the nomination of Exchange President William...